According to the public record, 8, South Bank, Westerham is a mid-century freehold house with 1,065 ft2 of internal area and sits on a 475 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
South Bank, Westerham, TN16 is located in the borough of Sevenoaks within the TN16 postal district.
8, South Bank, Westerham has 41 entries in the Land Registry database, most recently in November 2020 and a single entry in the EPC database dated June 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 South Bank Westerham as £680,319 and the rental value as £1,978 per month giving an expected gross yield of 3.5%.
Over the last 12 months the sale value of 8 South Bank Westerham has increased by £14,069 (2.1%) and its rental value has increased by £111 per month (5.6%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, South Bank, Westerham is in very good condition we estimate a sale value of £714,335 and rental value of £2,077 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £632,696 and a rental value of £1,840 per month.
If you were able to purchase this property for the estimated value of £680,319, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £3,344 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 8, South Bank, Westerham sits on a plot of 475m2.
We have plot size data on 22 out of 38 other houses in the postcode and 8, South Bank, Westerham sits on the 4th largest plot.
According to HM Land Registry, 8, South Bank, Westerham was last sold on 20 Nov 2020 for £500,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since Nov 2020, the market for similar properties has risen 13.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, South Bank, Westerham within a radius of 2.4 kilometres over the last 2 years.
The most recent example is 2, Walnut Tree Close, Westerham, TN16 1EW, a Freehold house which sold for £665,000 in Mar 2022.
Read more about house prices in TN16.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
South Bank, Westerham, TN16 has a total of 38 addresses. According to our analysis of all the public data, 8, South Bank, Westerham is the 29th largest and the 20th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in TN16.
8, South Bank, Westerham has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Jun 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 8, South Bank, Westerham is Oxted station which is 5.5 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, South Bank, Westerham, 37.0% of property is privately owned outright and 32.5% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, South Bank, Westerham, 18.4% of residents are recorded as possessing school level qualifications and 32.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, South Bank, Westerham, the average age was 43.5 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, South Bank, Westerham, 1.2% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, South Bank, Westerham, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.